Oriental Land Co Ltd (OLCLF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone, this is Shimoda. Thank you very much for taking time out of your busy schedules to attend our company financial presentation today. We sincerely appreciate your time. First, I will explain the financial results summary. Please turn to page 4 of the materials in front of you. I will now explain the financial results summary for the second quarter of the fiscal year ending March 2026. In the first half of the fiscal year, driven by strong performance at Fantasy Springs and special events, consolidated net sales, operating profit and operating cash flow all exceeded both the previous year's figures and our performance forecasts. Consolidated net sales and operating cash flow reached record highs, and we recognize that we have achieved strong results, even under challenging conditions such as severe heat. We will explain the situation compared to the previous year, and compared to the earnings forecast, along with the factors contributing to the increase or decrease. Please refer to page 5. First, I will explain the year-on-year comparison for the first half-year results. As shown here, net sales and operating profit increased year on year due to factors such as an increase in net sales per guest and higher hotel revenue. Please take a look at page 6. I will explain the results by segment and the factors contributing to the increase or decrease. net sales for the theme park segment increased by 12.9 billion yen to 251.7 billion yen attendance figures were on a par with the same period of the previous fiscal year this was due to the strong performance of fantasy springs and special events in the first half of the current fiscal year which offset a decrease due to the absence of a surge in demand for Space Mountain ahead of its closure seen in the same peri...